Math Problem Statement
In addition to the 31 cent-per-piece trade discount, the customer also receives a one half %
cash discount. Calculate the rebate and cash discount on a 30,000-piece-per-month order, and then find the net price. The cash discount of one half %
is taken after the rebate is applied.
Solution
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Math Problem Analysis
Mathematical Concepts
Discount Calculations
Percentage
Rebate Calculation
Formulas
Rebate = Discount per piece × Number of pieces
Cash Discount = 0.005 × (Original Price - Rebate)
Net Price = (Original Price - Rebate) - Cash Discount
Theorems
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Suitable Grade Level
Grades 10-12
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